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LendingClub Corp — Director's Dealing 2021
Nov 29, 2021
31748_dirs_2021-11-29_1385a44e-683b-46a7-ba3f-122df1ce2e12.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LendingClub Corp (LC)
CIK: 0001409970
Period of Report: 2021-11-25
Reporting Person: Kay Valerie (Bank-Chief Capital Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-25 | Common Stock | M | 7233 | — | Acquired | 102348 | Direct |
| 2021-11-25 | Common Stock | F | 4165 | $38.07 | Disposed | 98183 | Direct |
| 2021-11-25 | Common Stock | M | 1530 | — | Acquired | 99713 | Direct |
| 2021-11-25 | Common Stock | F | 882 | $38.07 | Disposed | 98831 | Direct |
| 2021-11-25 | Common Stock | M | 4492 | — | Acquired | 103323 | Direct |
| 2021-11-25 | Common Stock | F | 2587 | $38.07 | Disposed | 100736 | Direct |
| 2021-11-25 | Common Stock | M | 6298 | — | Acquired | 107034 | Direct |
| 2021-11-25 | Common Stock | F | 3627 | $38.07 | Disposed | 103407 | Direct |
| 2021-11-25 | Common Stock | M | 5487 | — | Acquired | 108894 | Direct |
| 2021-11-25 | Common Stock | F | 3162 | $38.07 | Disposed | 105732 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-25 | Restricted Stock Unit (RSU) | $0 | M | 7233 | Disposed | Common Stock (7233) | Direct | |
| 2021-11-25 | Restricted Stock Unit (RSU) | $0 | M | 1530 | Disposed | Common Stock (1530) | Direct | |
| 2021-11-25 | Restricted Stock Unit (RSU) | $0 | M | 4492 | Disposed | Common Stock (4492) | Direct | |
| 2021-11-25 | Restricted Stock Unit (RSU) | $0 | M | 6298 | Disposed | Common Stock (6298) | Direct | |
| 2021-11-25 | Restricted Stock Unit (RSU) | $0 | M | 5487 | Disposed | Common Stock (5487) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F2: Represents the number of shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of RSUs.
F3: The RSUs vested as to 6.25% of the total shares on August 25, 2018, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.
F4: Not applicable.
F5: The RSUs vested as to 25% of the total shares on May 25, 2020, with an additional 12.5% of the total shares vesting quarterly thereafter, subject to continuous service through each vesting date.
F6: The RSUs vested as to 6.25% of the total shares on May 25, 2019, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.
F7: The RSUs vested as to 6.25% of the total shares on May 25, 2020, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.
F8: The RSUs vested as to 8.33% of the total shares on May 25, 2021, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.